The Salary Sacrifice Letter Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. Each version is both customizable and print-friendly, tailored to suit your requirements seamlessly.
Salary Sacrifice Letter Template – Australia Editable | PrintableSample
1. Employee Information 2. Employer Information 3. Purpose of Salary Sacrifice 4. Details of Salary Sacrifice Arrangement 5. Agreement to Terms 6. Duration of Salary Sacrifice Agreement 7. Responsibilities of the Employee 8. Consent to Salary Sacrifice 9. Signatures and Acceptance
PDF
WORD
Examples
[Employee’s Name]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Company Name]
[Company Address]
[Company Phone]
[Date]
Salary Sacrifice Agreement
I am writing to confirm my intention to participate in the salary sacrifice arrangement offered by [Company Name], effective from [Start Date].
Salary sacrifice is an arrangement whereby I agree to forgo a portion of my pre-tax salary in exchange for benefits that are generally exempt from fringe benefits tax. This can include items such as superannuation contributions, car leases, or other approved benefits.
I request to salary sacrifice [Amount or Percentage]% of my salary, which equates to [Amount] per pay period. This salary sacrifice will be directed towards [specific benefit, e.g., superannuation fund, novated lease, etc.].
I understand that participating in a salary sacrifice arrangement may affect my taxable income, and I acknowledge the potential impact on my entitlements including but not limited to leave entitlements and contributions to my superannuation fund.
This agreement will commence on [Start Date] and will continue until either party provides written notice to terminate the arrangement, with a notice period of [Notice Period].
This Agreement will be governed by the laws of Australia.
I hereby agree to the terms outlined in this salary sacrifice agreement.
[Employee’s Signature]
[Employee’s Name]
[Employee’s Name]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Company Name]
[Company Address]
[Company Phone]
[Date]
Salary Packaging Request
I would like to formally request a salary sacrifice arrangement to be implemented as part of my employment with [Company Name], starting from [Start Date].
The purpose of this request is to utilize pre-tax income for [specify benefits, e.g., purchasing a car, additional superannuation contributions, etc.], which may provide significant financial benefits.
I would like to sacrifice [Amount or Percentage]% of my gross salary, which translates to [Amount] per pay period, to be allocated towards [specific benefit].
I confirm that I understand this arrangement will reduce my taxable income and may impact my future superannuation contributions and other entitlements.
Either party may terminate this salary sacrifice arrangement at any time with written notice of [Notice Period].
I agree to the terms outlined in this letter and request the arrangement to be processed accordingly.
[Employee’s Signature]
[Employee’s Name]
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